BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Name the Bank, which has announced a new partnership to offer CSB’s customers online trading and demat services with Celebrus Capital Limited?
A
Bandhan Bank
B
Catholic Syrian Bank Ltd
C
Dhanlaxmi Bank
D
Federal Bank
Explanation: 

Detailed explanation-1: -CSB Bank Limited (erstwhile Catholic Syrian Bank Limited) is an Indian private sector bank with its headquarters at Thrissur, Kerala, India. The bank has a network of over 560 branches and more than 390 ATMs across India. CSB Bank Limited. CSB Bank Head Office.

Detailed explanation-2: -MUMBAI: The 100-year-old CSB Bank (formerly Catholic Syrian Bank), which is now majority owned by Canadian-billionaire Prem Watsa’s Fairfax Group, has charted a route to transform itself into a new-generation private bank.

Detailed explanation-3: -It was in the year 1969 that the Bank became a Scheduled Bank, as it was included in the Second Schedule of Reserve Bank of India Act. In 1972, it came out of its traditional bastion and opened its first branch in Chembur, Mumbai.

Detailed explanation-4: -No, CSB is not a nationalised bank. It is a privatised bank. It was established in 1920 and is headquartered in Thrissur, Kerala.

There is 1 question to complete.